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Why JPMorgan Will Always Be a Better Villain Than Apple

A similar motive has driven
General Electric(GE - Get Report) to constantly remind us they are going back to their industrial roots, while shrinking their financial services division. Never mind that revenue from GE's financial services unit still accounted for nearly $12 billion, or about one third of the first quarter total, when
GE earnings came out last month. In fact, financial services revenue grew during the quarter, compared to a year ago, while the rest of the company saw sales decline.

Financial companies have been a big part of the recent stock market rally, while Apple shares have stalled of late. Still, if you actually make stuff that people like, you will always have a political advantage, which needs to be factored into your share price.